The International Monetary Fund (IMF) has spotlighted Nigeria as a key destination for private sector investment, identifying potential opportunities worth up to $17.3 billion across four strategic ...

The Presidency has cautioned the International Monetary Fund (IMF) against what it described as excessive and often ...

Nigeria’s total external debt servicing for 2024 amounted to $4.66bn, up from $3.5bn in 2023. Multilateral creditors accounted for the bulk of the amount at $2.62bn, with the IMF responsible for ...

The statistics agency recalculated the value of GDP based on production patterns in 2019, and gave some sectors a bigger ...

The Executive Board of the International Monetary Fund (IMF) concluded the Article IV Consultation with Nigeria. (1) ...

Nigeria’s potential is beyond doubt but achieving it will require continued reforms and an effective social safety net to carry the most vulnerable along. **** Axel Schimmelpfennig is the IMF’s ...

Nigeria’s economy is about 30 per cent larger than previously thought after the west African nation updated the method by which GDP is calculated, the first rejigging of its statistical model in more ...

The IMF also praised ongoing efforts to strengthen Nigeria’s banking sector. This includes the recapitalisation plan that will significantly raise banks’ minimum capital by March 2026.

The International Monetary Fund (IMF) says Nigeria must raise more domestic revenue, improve its budgeting process, and expand cash transfers to lift millions out of poverty, despite early signs of ...

Nigeria has retained its status as the fourth largest economy in Africa despite a rebasing exercise that’s poised to shore up ...

Following the news that Nigeria paid off its remaining loans from the International Monetary Fund (IMF) in May, Facebook posts shared hundreds of times falsely claimed the country was “debt free”.

The IMF has tipped Nigeria to come out of its current economic situation in 2017 as the GDP is expected to increase. G Gbenga Bada Follow; The Nigerian economy will grow by 0.6% in 2017 and this ...